Recent Projects

How we got here

Varien Founded

Founded in 2001 by Roy Rubin and Yoav Kutner, Varien would later go on to produce a disruptive global ecommerce solution – Magento.

Aug 31, 2007

Magento Launches

Unsatisfied with the limitations of current ecommerce products, developers & business owners alike tap the rookie open source solution as a viable solution to solve current ecommerce challenges.

Mar 31, 2008

Stable at last.

Magento 1.0 stable was released on March 31st 2008 under the Open Software License (OSL) 3.0.

June 6, 2011

Magento acquired by Ebay

Ebay acquires Magento for $180M+, and proceeds to expand the business model.

May 31, 2013

Fast Forward

26% of the top 1 million websites are powered by Magento. Over 3M+ downloads, 3K+ extensions, 100K+ merchants, and $25 Billion transactions/year. It has become a powerful and extensible eCommerce solution.